väliskonkureerimine

Väliskonkureerimine is an Estonian term that translates to "external competition" or "outsourcing competition." It refers to a situation where a company or organization decides to source goods or services from external providers rather than producing them internally. This can involve hiring external companies to perform specific tasks, purchase components from outside suppliers, or outsource entire business functions.

The decision to engage in väliskonkureerimine is typically driven by a desire to improve efficiency, reduce costs, or gain access to specialized expertise that may not be available in-house. Companies may also use it to focus their internal resources on core competencies and strategic activities.

Common areas where väliskonkureerimine is applied include manufacturing, where components or finished products might be sourced from abroad, and service industries, where tasks like customer support, IT services, or marketing may be outsourced. The trend of globalization has significantly facilitated väliskonkureerimine, allowing businesses to tap into a wider pool of potential providers worldwide.

However, väliskonkureerimine also presents potential challenges. These can include issues related to quality control, communication barriers, intellectual property protection, and the potential impact on domestic employment. Careful planning, thorough vendor selection, and robust contract management are crucial for successful väliskonkureerimine.